ROE-Linked Executive and Stock-Based Compensation
First written in FY2022. 7 of 13 entries say "Advanced", first in FY2023-Q1. Latest entry: 2026-06-19.
The whole theme swung hardest in 2024: 13 of 118 companies on the "Worse" side.
- FY2026-H1AdvancedAnnual report
「The decrease in treasury shares resulted from the cancellation of 500 thousand treasury shares, the delivery of 17 thousand shares through the stock-delivery trust for directors and other officers of The Hokkoku Bank, Ltd., and the grant of 25 thousand restricted shares.」
The Company delivered 17 thousand shares through the stock-delivery trust for directors and other officers and granted 25 thousand restricted shares. It disclosed the operating results of its equity compensation plan. - FY2025-H1AdvancedAnnual report
「Shares of the Company remaining in the trust are recorded as treasury shares under shareholders' equity. The carrying amount and number of these treasury shares were ¥500 million and 105 thousand shares at the end of the previous consolidated fiscal year, and ¥440 million and 92 thousand shares as of the end of the interim consolidated accounting period.」
Shares remaining in the stock-delivery trust for directors and other officers decreased from 105 thousand to 92 thousand. In addition, the Company disclosed the grant of 42 thousand restricted shares during the interim consolidated accounting period. - FY2024AdvancedAnnual report
「Other (disposal of treasury shares as restricted share compensation) 133,663」
For the performance-linked compensation system using ROE as the performance indicator, the Company disclosed that it disposed of 133,663 restricted shares during the fiscal year. - FY2024-Q3RestatedAnnual report
「Shares of the Company remaining in the trust are recorded as treasury shares under shareholders' equity. The carrying amount and number of these treasury shares were ¥500 million and 105 thousand shares both at the end of the previous consolidated fiscal year and as of the end of the third quarter of the current consolidated fiscal year.」
The Company reaffirmed the operation of the stock-delivery trust for directors and other officers and stated that the shares remaining in the trust had a carrying amount of ¥500 million and numbered 105 thousand, unchanged from the end of the previous consolidated fiscal year. - FY2024-Q2AdvancedAnnual report
「The decrease in treasury shares resulted from the cancellation of 1,700 thousand treasury shares and the grant of 22 thousand restricted shares.」
The Company disclosed the grant of 22 thousand restricted shares in connection with executive compensation. The executive equity compensation plan continues to operate. - FY2024-Q1RestatedAnnual report
「Shares of the Company remaining in the trust are recorded as treasury shares under shareholders' equity. The carrying amount and number of these treasury shares were ¥500 million and 105 thousand shares at the end of the previous consolidated fiscal year, and ¥500 million and 105 thousand shares as of the end of the first quarter of the current consolidated fiscal year.」
Shares remaining in the stock-delivery trust for directors and other officers had a carrying amount of ¥500 million and numbered 105 thousand, unchanged from the end of the previous consolidated fiscal year. - FY2023AdvancedAnnual report
「Other (disposal of treasury shares as restricted share compensation) 80,486」
For the cash and equity compensation system using ROE as the performance indicator, the Company disclosed that it disposed of 80,486 shares as restricted share compensation during the fiscal year. - FY2023-Q3RestatedAnnual report
「Shares of the Company remaining in the trust are recorded as treasury shares under shareholders' equity. The carrying amount and number of these treasury shares were ¥561 million and 117 thousand shares at the end of the previous consolidated fiscal year, and ¥500 million and 105 thousand shares as of the end of the third quarter of the current consolidated fiscal year.」
The Company reaffirmed the continued operation of the stock-delivery trust for directors and other officers and disclosed that the shares remaining in the trust had decreased from 117 thousand to 105 thousand. - FY2023-Q2RestatedAnnual report
「The decrease in treasury shares resulted from the cancellation of 1,000 thousand treasury shares and the delivery of 12 thousand shares as benefits upon the departure of 1 director and 1 executive officer under the stock-delivery trust for directors and other officers.」
The stock-delivery trust for directors and other officers continued to operate, and 12 thousand shares were delivered in connection with the departure of 1 director and 1 executive officer. This was a reaffirmation of the plan's operating results, not the establishment of a new plan. - FY2023-Q1AdvancedAnnual report
「The Hokkoku Bank discontinued its stock option plan for directors, executive officers and others of The Hokkoku Bank (collectively, "Directors, etc.") and introduced a new equity compensation plan for Directors, etc., the "stock-delivery trust for directors and other officers" (the "Plan").」
The Company discontinued its former stock option plan and transitioned to the stock-delivery trust for directors and other officers, implementing the new equity compensation plan. - FY2022First statedAnnual report
「Performance-linked compensation consists of cash and equity compensation reflecting performance indicators, with the aim of raising awareness of improving performance in each fiscal year. It is calculated and determined annually at a specified time based on the degree of achievement in each fiscal year. Specifically, the Group's ROE is used as the performance indicator, and cash and equity compensation are paid based on composition ratios established for each level of achievement of that indicator, calculated using the fixed amount of individual compensation determined by resolution of the Board of Directors as the base.」
The Company introduced a compensation system under which cash and equity compensation are calculated according to the degree of ROE achievement in each fiscal year. The system also sets annual and share-number limits on compensation.